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Abu Dhabi non-oil trade hits AED37.1bn in two months

ABU DHABI / WAM The value of non-oil foreign merchandise trade through Abu Dhabi ports hit to AED37.1 billion in January and February, up 3.6 percent from AED35.8 billion during the comparable period last year, according to the figures released by Abu Dhabi Statistics Centre (SCAD). Imports increased by 12.5 percent from AED17.11 billion to AED19.25 billion during the reference ...

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UAE sends medical aid to Botswana

ABU DHABI / WAM The UAE  on Monday sent an aid plane containing five metric tons of medical supplies to Botswana to bolster the country’s efforts to curb the spread of Covid-19. The aid will assist approximately 5,000 medical professionals as they work to combat the virus. To date, the UAE has provided more than 353 metric tons of aid ...

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UAE gross banking assets hit $851 billion in March

ABU DHABI / WAM The central bank of the UAE has revealed the country’s gross banking assets have risen to AED3.128 trillion ($851 billion) during the first quarter of 2020. The March gross banks’ assets total represents a year-on-year increase of 8.1 percent compared to March 2019 (AED2.894 trillion). Statistics issued by central bank highlighted an increase in the value ...

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